Economy
Fed Cuts Fed Fund Rate by 25 Basis Points in First Reduction Since December
The Federal Reserve has returned to easing mode after ten months of… More…
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Bank of Canada cuts rate to 2.5% as tariffs and weak hiring hit economy
The Bank of Canada lowered its overnight rate to 2.5% on Wednesday,… More…
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How to prepare for the US’ new electronic social security payments and federal benefits
The federal government is phasing out paper checks for Social Security… More…
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Oil producers take yearly $500B for zero production growth amid Russian disruptions
The global oil industry is bleeding money just to stand still. According… More…
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Bond sales by China brokerages reach record $29.4B in one month
China’s securities firms flooded the debt market last month, unloading… More…
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Americans add $16B in consumer credit, total reaches $5.06T
U.S. consumer credit surged by $16 billion last month, pushing the… More…
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Bank of America warns investors of impending market slump
Paul Ciana, Bank of America’s global chief technical strategist,… More…
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Markets will watch Powell’s tone and yield curve to decide rate cut reaction
The Federal Reserve’s big decision is coming on Wednesday, when Chair… More…
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Trump administration pushes EU to slap tariffs on goods from Beijing
The United States Treasury Secretary, Bessent, said that the Donald… More…
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Shipping invoice on Saudi, China oil route hits highest level in 2.5 years
Shipping costs for oil from Saudi Arabia to China just jumped to $87,000… More…
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